The Southeast US is likely to have strong solar capacity growth over the next decade, despite the winding down of federal subsidies, a new Fitch Solutions report issued Friday showed, but the wholesale power price impact may be minimal, according to one analyst. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We expect corporate renewable energy procurements, renewable energy initiatives by cities, states, and utilities, the adoption of community solar programs, and the decreasing cost of solar to be the key drivers of growth in the region,” states the report entitled, “Southeast US Set for Significant Solar Growth Despite ITC Phase-out.” The federal investment tax credit allows the deduction of 26% of the cost of installing a solar energy system from federal taxes in 2020, which is down from 30% in 2019 and earlier years. The ITC is scheduled to fall to 22% […]